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Energy prices, food: government decides package against inflation

Energy prices, food: government decides package against inflation
Minister of Social Affairs Johannes Rauch (Greens)
Image: SEPA.Media | Martin Juen (www.SEPA.Media)

Details remained unknown for the time being. Energy and food companies are to be held accountable. The government emphasizes that the ongoing inflation is affecting more and more people, especially those with low to middle incomes. Coalition circles criticize the fact that energy companies hardly pass on falling wholesale prices for electricity and gas to end customers and at the same time make high profits. The energy prices are therefore still a sensible lever, on the one hand to achieve an inflation-dampening effect, since they also affect other sectors and their pricing, and on the other hand to relieve the household directly.

On the other hand, according to reports, measures should be taken in the food sector to make food chains more responsible.

Of course, you don’t want to be badmouthed about your own politics either. Austria is among the international leaders in terms of prosperity, it is emphasized. In terms of purchasing power, Austria ranks fourth in Europe and has a very low unemployment rate, and the youth unemployment rate is the third lowest in the EU.

The government recently came under pressure after no tangible results could be presented at a food summit. Apparently these are now being delivered.

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